"In June, Charlie Whiting inspected the circuit and reconfirmed a first grade licence which expires in June 2017," he revealed.

"That means (Imola) has all the technical requirements to accommodate any FIA race, including Formula One," Benvenuti added.

Not coming back to Imola anytime soon

The report, however, said there is no chance Imola will be returning to the calendar any time soon.

"It is not a problem of infrastructure, but the costs that would be incurred in hosting a Grand Prix," said Benvenuti.

"In the current context, no circuit is able to meet these costs without the support of political institutions or generous sponsors," he added.

"It is my belief that Formula One should think again, taking into account the changed economic conditions and the risk that none of the race tracks that created the very myth of F1 will be there anymore."